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Gold Prices Stabilize at $4,381 per Ounce
SadaNews - Gold stabilized near a new record level, maintaining its support, despite market optimism over a decrease in global trade tensions and increasing hopes for the imminent reopening of the U.S. government.
The precious metal prices jumped by as much as 3.1% on Monday, peaking at $4,381.52...
Gold Prices Approach $4,000 an Ounce
SadaNews - Gold prices have reached a new record level, approaching $4,000 per ounce, amid increasing uncertainty caused by the U.S. government shutdown and the political crisis in France.
Gold rose to $3,977.44 an ounce after a jump of 1.9% on Monday. The suspension of federal activities that be...
Gold Prices Rise Amid Increasing Demand for Safe Haven
SadaNews - Gold has recorded a new record level at the beginning of the week, approaching the threshold of 4,000 dollars per ounce, benefiting from investors' demand for safe havens amid the ongoing government shutdown in the United States.
The precious metal rose to 3,932.02 dollars per ounc...
Gold Soars to Record Level Amid U.S. Government Shutdown and Rising Economic Fears
SadaNews Economy - The price of gold continued its gains to record a new all-time high, extending a rally for the fourth consecutive day, in light of a government shutdown in the United States that could boost demand for safe-haven assets.
Gold in the spot market rose to touch $3,875.53 per ounce...
Gold Price Exceeds Recent Gains Supported by Market Expectations for Interest Rate Cuts
SadaNews - The price of gold maintained its recent gains, surpassing the $3700 per ounce mark for the first time ever, supported by market expectations for interest rate cuts in the Federal Reserve meeting on Wednesday.
The precious metal traded near $3694 per ounce on Wednesday morning, only abo...
Stability of Gold Price Near Its Record Levels
SadaNews - The price of gold remained stable near its record levels, while investors are awaiting U.S. inflation data that could bolster expectations for interest rate cuts by the Federal Reserve.
The price of gold remained largely unchanged at around $3,635 per ounce, after surpassing $3,674 on...
Gold Reaches New Peak Supported by Expectations of US Interest Rate Cut
SadaNews - Gold has reached an unprecedented new level today, Monday, surpassing $3,600 per ounce, after weak labor market data in the United States bolstered expectations that the Federal Reserve will cut interest rates next week.
Gold rose 1.4% to $3,639.3 per ounce in spot trading by 16:21 GMT...